Once your primary liability insurance is exhausted, your 3M umbrella would kick in. 

My posts aren't specifically about Rent to Retirement, rather the concept more generally.I am also not concerned with the new construction turn key model, its very different than the lower tier/entry level SFH's and not relevant.

Feedback has not suggested property needs additional repairs/work, only that they are looking in a different area.

I used them all as primary homes then moved and rented them out.

Timing will make a big difference leasing this SFH in Seattle— if possible, aim for your vacancy to hit the market ~May 15th to June 15th, maximizing time on market for a June / July lease start date— this will give you the largest tenant pool, lowest vacancy time & highest rent.

How long it takes to be financially ready is different for everyone.

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I’m potentially looking to purchase a mid-term or long-term rental property in a different state because I feel I may be able to find better deals elsewhere.

I am curious as to if anyone is aware of any first time home buyers programs for buying the first Primary Residence.

If so, they are different animals.If you go to help.rentvine.com, you will see the phone number.